Anurag Rana, Bloomberg Intelligence Senior Software Analyst, and Olivia Carville, Bloomberg News Technology Reporter, discuss IBM closing its $34 billion purchase of Red Hat, sealing the world’s second-largest technology deal ever and setting up the iconic U.S. company on a path to try to compete with top software purveyors in the cloud. Heather Perlberg, Bloomberg News Private Equity Reporter, breaks news on Carlyle planning to announce that the private equity firm will convert to a corporation when it reports second-quarter earnings. Doug Phillips, CIO at University of Rochester, explains why inflation is bad for endowments, he is joined by Bloomberg News Endowments Reporter Janet Lorin. Bloomberg Businessweek Editor Joel Weber and Bloomberg News Mexico Reporter Andrea Navarro talk about the $7.4 billion tourist train threatening rainforests in Latin America. And we Drive to the Close with JJ Kinahan, Chief Market Strategist at TD Ameritrade.

Hosts: Carol Massar and Jason Kelly.  Producer: Paul Brennan 

Anurag Rana, Bloomberg Intelligence Senior Software Analyst, and Olivia Carville, Bloomberg News Technology Reporter, discuss IBM closing its $34 billion purchase of Red Hat, sealing the world’s second-largest technology deal ever and setting up the iconic U.S. company on a path to try to compete with top software purveyors in the cloud. Heather Perlberg, Bloomberg News Private Equity Reporter, breaks news on Carlyle planning to announce that the private equity firm will convert to a corporation when it reports second-quarter earnings. Doug Phillips, CIO at University of Rochester, explains why inflation is bad for endowments, he is joined by Bloomberg News Endowments Reporter Janet Lorin. Bloomberg Businessweek Editor Joel Weber and Bloomberg News Mexico Reporter Andrea Navarro talk about the $7.4 billion tourist train threatening rainforests in Latin America. And we Drive to the Close with JJ Kinahan, Chief Market Strategist at TD Ameritrade.Hosts: Carol Massar and Jason Kelly.  Producer: Paul Brennan

Listen for reporting from the magazine that helps global leaders stay ahead. Hosts Carol Massar and Tim Stenovec cover the changing world of money, power and technology. You can watch and listen to Businessweek LIVE on YouTube, weekdays from 2PM to 5PM ET: http://bit.ly/3vTiACF. 

Listen for reporting from the magazine that helps global leaders stay ahead. Hosts Carol Massar and Tim Stenovec cover the changing world of money, power and technology.&nbsp;You can watch and listen to Businessweek LIVE on YouTube, weekdays from 2PM to 5PM ET:&nbsp;<a href="http://bit.ly/3vTiACF">http://bit.ly/3vTiACF</a>.&nbsp;

Carol Massar and Tim Stenovec bring together the latest news from the world of business and finance and the interesting stories of global technology, politics, economics and more by harnessing the power of Bloomberg Businessweek reporters and editors.

Bloomberg Businessweek

IBM Completes $34 Billion Deal for Red Hat, Carlyle Converting to Corporation, Inflation Expectations

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